Business Overview

These two established independent Health, Vitamin and Nutritional supplement stores are both located on high traffic roads. They are known for exceptional service and their clients have supported both stores for many years. These boutique shops offer various types of nutritional, weight loss and vitamin supplements to cater to anyone looking for a healthier lifestyle, no matter where their customers are in their health and fitness journey. Most of the staff are either personal trainers, nutritional advisors or have a degree in Exercise Sciences.

• $800,000+ Revenue
• $201,000+ SDE
• $40,000+ FF&E included
• $50,000+ Leasehold improvements
• Lease agreement at $4,400 per month 1,100 square ft
• Lease agreement at $3,300 per month 1,500 square ft
• Turn-key operation
• Absentee owner run
* Business can be purchased with as little as 90k down with use of SBA loan
• Traffic VPD of 31,000+
• 50% Seller financing shows seller’s confidence in continued success

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!

Financial

  • Asking Price: $466,000
  • Cash Flow: $201,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $40,000
  • Inventory Included: N/A
  • Established: 2012

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

relocating

Additional Info

The venture was founded in 2012, making the business 10 years old.
The transaction doesn't include inventory valued at $40,000*, which ins't included in the requested price.

The company has 5 employees and is located in a building with approx. square footage of 2,500 sq ft.
The real estate is leased by the business for $7,700 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell companies. Nonetheless, the real reason and the one they say to you might be 2 absolutely different things. For instance, they might say "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might just be excuses to attempt to conceal the reality of transforming demographics, increased competition, current decrease in earnings, or an array of various other factors. This is why it is extremely vital that you not rely entirely on a vendor's word, yet rather, make use of the vendor's solution in conjunction with your general due diligence. This will paint a more practical picture of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans with the purpose of covering things like stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that profit margins are too small. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be satisfied or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new consumers? Often times, businesses have repeat clients, which develop the core of their daily revenues. Particular variables such as new competition sprouting up around the area, roadway building and construction, and personnel turn over can impact repeat consumers as well as adversely influence future profits. One crucial point to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business regularly, the better the chance to construct a returning customer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? How might the regional mean home income impact future revenue prospects?